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Germany Pays Attention to Online Poker Tax| Poker News Marked Cards

2021-01-13

According to reports, the German media has been making a proposal to impose a 5.3% tax on off-site poker games, and the draft law also considers an 8% tax on online games.

According to the "Süddeutsche Zeitung", a new federal regulatory market will be launched this summer. The 16 German states have ratified treaties. This week’s reports mainly focus on "Hesse, North Rhine-Westphalia, The Ministry of Finance of Bavaria and Berlin".

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Previous reports have emphasized how different online poker rules will be. Players are allowed to play at up to four tables at the same time.

A monthly deposit limit of 1,000 euros and a 24-hour self-banned "panic button" will also be implemented.

Caesar sold the casino to the Cherokee tribe

Caesars Entertainment has agreed to sell its casino in southern Indiana to the Eastern Cherokee Indian tribe in North Carolina for $250 million.

The Harrison County venue is one of the three venues Caesars decided to dispose of to meet the order of the Indiana Gaming Commission following the merger of Caesars and Eldorado Resorts last year.

According to the Associated Press, the casino had been operating in a three-story riverboat until 2019 and then moved into a land-based building worth $85 million. It is expected that one-stop of the WSOP Circuit will continue to be held at a property owned by the former Caesars.

Although Macau has an annual output value of 7.6 billion, it is still struggling.

How much money does Macau's gaming industry have? The figure of 7.6 billion yuan in casino revenue in 2020 shows a year-on-year decrease of 66%.

Although the market has recently rebounded after being severely affected by the coronavirus pandemic, according to the Bureau of Gaming Supervision and Coordination, the number in December still dropped significantly to only 979 million yuan.

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